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Matrix IT (XTAE:MTRX) Cyclically Adjusted Price-to-FCF : 18.10 (As of May. 28, 2024)


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What is Matrix IT Cyclically Adjusted Price-to-FCF?

As of today (2024-05-28), Matrix IT's current share price is ₪72.77. Matrix IT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 was ₪4.02. Matrix IT's Cyclically Adjusted Price-to-FCF for today is 18.10.

The historical rank and industry rank for Matrix IT's Cyclically Adjusted Price-to-FCF or its related term are showing as below:

XTAE:MTRX' s Cyclically Adjusted Price-to-FCF Range Over the Past 10 Years
Min: 17.18   Med: 26.96   Max: 35.91
Current: 18.46

During the past years, Matrix IT's highest Cyclically Adjusted Price-to-FCF was 35.91. The lowest was 17.18. And the median was 26.96.

XTAE:MTRX's Cyclically Adjusted Price-to-FCF is ranked better than
67.32% of 661 companies
in the Software industry
Industry Median: 28.95 vs XTAE:MTRX: 18.46

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Matrix IT's adjusted free cash flow per share data for the three months ended in Mar. 2024 was ₪-0.181. Add all the adjusted free cash flow per share for the past 10 years together and divide 10 will get our Cyclically Adjusted FCF per Share, which is ₪4.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Matrix IT Cyclically Adjusted Price-to-FCF Historical Data

The historical data trend for Matrix IT's Cyclically Adjusted Price-to-FCF can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Matrix IT Cyclically Adjusted Price-to-FCF Chart

Matrix IT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Price-to-FCF
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 26.56 32.33 21.58 17.04

Matrix IT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Price-to-FCF Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.28 22.17 21.83 17.04 20.32

Competitive Comparison of Matrix IT's Cyclically Adjusted Price-to-FCF

For the Software - Application subindustry, Matrix IT's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Matrix IT's Cyclically Adjusted Price-to-FCF Distribution in the Software Industry

For the Software industry and Technology sector, Matrix IT's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Matrix IT's Cyclically Adjusted Price-to-FCF falls into.



Matrix IT Cyclically Adjusted Price-to-FCF Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted Price-to-FCF takes the Free Cash Flow per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/FCF calculation. Because it considers this 10-year average, it's often referred to as the CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF.

Matrix IT's Cyclically Adjusted Price-to-FCF for today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/ Cyclically Adjusted FCF per Share
=72.77/4.02
=18.10

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Matrix IT's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Matrix IT's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2024 was:

Adj_FreeCashFlowPerShare=Free Cash Flow per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.181/131.7762*131.7762
=-0.181

Current CPI (Mar. 2024) = 131.7762.

Matrix IT Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201406 0.250 100.560 0.328
201409 0.656 100.428 0.861
201412 0.013 99.070 0.017
201503 0.790 99.621 1.045
201506 0.313 100.684 0.410
201509 0.089 100.392 0.117
201512 0.232 99.792 0.306
201603 1.170 100.470 1.535
201606 -0.160 101.688 -0.207
201609 0.331 101.861 0.428
201612 0.274 101.863 0.354
201703 1.170 102.862 1.499
201706 -0.270 103.349 -0.344
201709 0.261 104.136 0.330
201712 1.452 104.011 1.840
201803 -0.151 105.290 -0.189
201806 -0.430 106.317 -0.533
201809 -0.019 106.507 -0.024
201812 2.085 105.998 2.592
201903 0.860 107.251 1.057
201906 -0.936 108.070 -1.141
201909 1.393 108.329 1.695
201912 2.085 108.420 2.534
202003 1.520 108.902 1.839
202006 1.776 108.767 2.152
202009 0.842 109.815 1.010
202012 3.806 109.897 4.564
202103 -1.642 111.754 -1.936
202106 0.892 114.631 1.025
202109 0.500 115.734 0.569
202112 3.156 117.630 3.536
202203 0.207 121.301 0.225
202206 -0.213 125.017 -0.225
202209 1.163 125.227 1.224
202212 4.358 125.222 4.586
202303 -1.004 127.348 -1.039
202306 1.307 128.729 1.338
202309 1.719 129.860 1.744
202312 5.127 129.419 5.220
202403 -0.181 131.776 -0.181

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.


Matrix IT  (XTAE:MTRX) Cyclically Adjusted Price-to-FCF Explanation

Compared with the regular Price-to-Free-Cash-Flow, which works poorly for cyclical businesses, the Cyclically Adjusted Price-to-FCF smoothed out the fluctuations of free cash flow during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted Price-to-FCF should give similar results to regular Price-to-Free-Cash-Flow.


Matrix IT Cyclically Adjusted Price-to-FCF Related Terms

Thank you for viewing the detailed overview of Matrix IT's Cyclically Adjusted Price-to-FCF provided by GuruFocus.com. Please click on the following links to see related term pages.


Matrix IT (XTAE:MTRX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Matrix IT Ltd (XTAE:MTRX) » Definitions » Cyclically Adjusted Price-to-FCF
Traded in Other Exchanges
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Address
3 Abba Eban Boulevard, Herzlia Pituach, ISR, 4612001
Matrix IT Ltd is an information technology company. It manages segments such as software solutions and value added services in Israel, software product marketing and support services, computer infrastructure and integration solutions, training and implementation, and software solutions and services in USA. Majority of its revenue is derived from its software solutions and services segment. The company's revenue is generated from its Israel operations.

Matrix IT (XTAE:MTRX) Headlines

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